Action Items

These Action Items were introduced in various posts. Please click on the links to read those posts.

Action Item:

  • Create a Tribunal to review all current and proposed classified documents
  • Give Tribunal authority to release documents and to order prosecution of classification abusers

Action Item: End US Funding of the IPCC

Action Item:

  • Enact a Balanced Budget Amendment (but which would allow Surpluses)
  • Enact a National Debt Payback Amendment
  • Enact an Amendment which would set a Dollar Limit on future government spending
  • Change Congressional Rules to limit Bills to a 50 page maximum, require each Bill to undergo a Constitutionality review in each house before passage, and require Senators and Representatives to Certify that they have read the Bills before they may vote yes (a no vote before reading is OK).
  • Require Congress to prioritize spending through a Dollar cost/benefit analysis of each Bill
  • Grant automatic standing in federal court for any US Citizen to challenge the cost/benefit analysis of any Bill or the Constitutionality of any Law

Action Item: Allow interest rates to return to Free Market levels gradually, while drastically cutting both Government Spending and Regulation.

  • Require the FED to raise interest rates gradually to Free Market levels, on a strict schedule that everybody will be told in advance. I suggest the following – While rates are:

    • Below 0.50%, allow rates to rise by 0.01% 1 day a week

    • Below 1.00%, allow rates to rise by 0.01% 2 days a week

    • Below 2.00%, allow rates to rise by 0.01% 3 days a week

    • 2.00% and up, allow rates to rise by 0.01% 4 days a week

  • Cut Government Spending DRASTICALLY. The rate hikes, by removing the artificial low rate supports, will cause readjustments in our Economy, as a lot of dead wood projects are liquidated. By letting capital stay within the private, productive sector of the Economy, it will make the transition somewhat less painful.
  • Cut Government Regulation DRASTICALLY. The positive effects on the Economy will be even stronger than just the spending cuts, and they will reduce the readjustment pain even further.

Action Item: I propose a law which would require a simple statement of:

  • The bank’s capital
  • The bank’s notional value of derivatives it is party to
  • The percentage of capital that these derivatives represent
  • The Dollar amount of outstanding loans, repos, etc to other banks whose derivative percent of capital is over 100%

Action Item: Reduce the scope and actual activities, both in spending and regulation, to the bare minimum, in accordance with what the US Constitution permits for our Limited form of Government.

Action Item: Allow US citizens to challenge Unconstitutional laws and regulations at any time, including during enforcement.

  • Every US Citizen, or group containing at least one US Citizen, will be granted automatic standing in US Federal Court to challenge the Constitutionality of any Law or Regulation.

  • The Burden of Proof will be on the government to prove that the Law or Regulation is Constitutional.

  • No Federal Law or Regulation may allow – or encourage – state or local officials or agencies to violate the US Constitution.
  • Government employees actively enforcing laws or rules which they knew or “should have known” were Unconstitutional, will be deemed to be operating outside their job descriptions, and so are “off duty.” They thus will lose their immunity from prosecution, and may be subject to civil and government sanctions.

Action Item: Phase-out of the FED in several steps:

  • Raise the Reserve Requirements, in very small, very frequent steps, so that all the banks have a chance to adjust without being thrown into chaos. One possibility would be to raise the requirement from 10%, by 1% every week or two, until they reach at least a 50% reserve requirement. This still would allow the banks to triple the money supply – some would argue that I’m not being strict enough, and I’m open to being convinced.

  • Eliminate the interest which the FED has been paying the banks for leaving those reserves unlent. It’s only a recent phenomenon, so the banks can live without the ¼%. At the same time, as the reserve requirement schedule for increase is unveiled, the banks will not decide to rush to lend.

  • Require the FED to raise interest rates to Free Market levels, on a strict schedule that everybody will be told in advance. I suggest the following – While rates are:

    • Below 0.50%, allow rates to rise by 0.01% 1 day a week

    • Below 1.00%, allow rates to rise by 0.01% 2 days a week

    • Below 2.00%, allow rates to rise by 0.01% 3 days a week

    • 2.00% and up, allow rates to rise by 0.01% 4 days a week

  • Once rates do not rise for 1 month, all government activities designed to influence rates – up or down – will cease

  • The 1913 Federal Reserve Act shall be declared Unconstitutional, and all valid functions of the FED shall be taken over by the US Treasury Department

Action Item: Clean up the corruption in government Statistics.

  • Make reporting false or misleading statistics by any government agency a crime

  • Impose penalties up to and including being fired for cause, fines, and imprisonment

  • Set up, or allow, private auditing agencies which would have authority to challenge the official methodologies. These agencies could require the Attorney General or other authority to prosecute for such fraud.

Action Item: Free our Economy to grow.

  • Scrap ALL regulation and then decide which ought to be re-enacted – where benefits exceed costs to the Economy
  • Lower government spending, which will allow taxes to be reduced, becoming less of a drag on our Economy
  • Require our schools to teach the benefits of Free Market Economics – not just the current Socialism
  • Require than our elected officials have an understanding of Capitalism before they may vote on any Bill having Economic consequences

Action Item: Reduce the level of tax penalties and program subsidies of our government.

  • Limit government activities only to what the Constitution allows.
  • Eliminate all subsidy and penalty provisions from tax policy. Taxes should be ONLY to raise money.
  • Privatize government programs. What people value will continue at the level they are willing to support – other programs will stop.
  • Pass Constitutional Amendments for a Balanced Budget, a Dollar Limit on Federal Spending, and Paying off the National Debt.

Action Item: Stop making our Economy grow more slowly than it could.

  • Eliminate government policies which try to encourage consumer spending
  • Eliminate all taxes on businesses, allowing the Owners, Employees, and Consumers – all Americans – to benefit
  • Cut government spending to cover the reduced amount of taxes collected, so the burden isn’t just shifted onto other shoulders

Action Item: Allow interest rates to reach Free Market levels gradually, over a period of a couple of years. Allow interest rates to rise according to the following schedule (1 basis point = 0.01%):

  • Below 0.50% – allowed to rise 1 basis point, 1 day each week
  • Below 1.00% – allowed to rise 1 basis point, 2 days each week
  • Below 2.00% – allowed to rise 1 basis point, 3 days each week
  • 2.00% & up – allowed to rise 1 basis point, 4 days each week
  • Once interest rates do not rise for 1 month, all government activities designed to influence rates – up or down – will cease
  • The 1913 Federal Reserve Act shall be declared Unconstitutional, and all valid functions of the FED shall be taken over by the US Treasury Department

Action Item: Reduce our government’s economic tinkering.

Action Item: Before any Bill may come up for a vote in Congress, an Economic Impact Statement should be required, setting out:

  • How much tax money will be taken from the private, productive sector of our Economy
  • How many “compliance” hours and Dollars a new regulation will cost the private, productive sector
  • How much a subsidy or penalty will reduce Americans’ standard of living
  • Any other cost to the American people which would result from the Bill becoming Law.

Action Item: Put the US Government on a Diet.

Action Item: The President shall declare the right and responsibility of Executive Review of Laws which are in conflict with the US Constitution to declare those Laws to be null and void.

Action Item: Stop the US destroying Minimum Wage.

  • Beat back efforts to raise the current Minimum Wage, both at the Federal and State levels
  • Repeal existing Wage and Hour laws.

Action Item:

  • Slow the rate of paper money growth over a year or more by allowing interest rates to reach Free Market levels
  • Abolish the FED, transferring authority to the US Treasury
  • Pass a Balanced Budget Amendment, a Budget Dollar Limit Amendment, and a Pay Off the National Debt Amendment
  • Pass phase-out plans for each of the Entitlement programs
  • Require a Constitutional check before a new law may require any spending.
  • Return the US to a Hard Money, Silver and/or Gold Monetary System
  • Give every American court standing to ensure compliance

Action Item: Remove all restrictions on which airline or which country’s airlines may provide commercial service to or from, or within the United States, so that competition on an even basis will be encouraged, which will benefit American consumers.

Action Item: Bail-Ins violate the fiduciary responsibility of the financial institutions which benefit at depositors expense.

  • Congress should pass a law, and the President should sign it, outlawing the practice known as Bail-In, returning to the use of bankruptcy proceedings. Bankruptcy should disqualify  the managers from continuing at the helm of the institution.
  • Depositors should be returned to the head of the line of who gets their money first in case of a bankruptcy.
  • Managers of financial institutions which use high leverage or risky investments should be held personally liable if those investments go bad.
  • No business should be considered Too Big To Fail. If incompetent managers are allowed to stay in charge as they run the business into the ground, the business should be allowed to go into bankruptcy, an the owners should bear the loss.

Action Item: Undo the growth of Government and the FED’s manipulation of Interest Rates

  • To control the size of government
    • Balanced Budget Amendment
    • Dollar Cap on Spending Amendment
    • Begin to phase out Entitlement programs, though it may take 40 years or more before they’re gone
  • To eliminate Interest Rate Suppression
    • Abolish the FED
    • Allow interest rates to rise to Free Market levels gradually over several years
    • Tie the US Dollar to a Hard Money Standard, preferably a Silver/Gold Coin Standard (no Bretton Woods monstrosity)
    • Revalue the Dollar so that the Penny & Nickel no longer cost more to make than their face values

Action Item: Investigate the Regulators.

  • Congress should exercise greater oversight of the Regulators
    • Complaints should be reviewed on a regular basis
    • If the Regulator was wrong due to negligence, then both the Regulator and the company regulated should suffer sanctions
    • If the Regulator was wrong due to conflict of interest, then in addition, the Regulator should be fired with possible prosecution

Action Item: Phase out the FDA, transferring the responsibility for assuring drug efficacy an quality to private groups which could issue the equivalent of a UL (Underwriters’ Laboratories) sticker, or a Consumer Reports positive rating.

Action Item: Stop the destructive policies which weaken the Dollar and cause the US Economy to slow down.

  • Abolish the FED to
    • Let Interest Rates return to Free Market levels
    • Stop Debasing the US Dollar and create a stable price environment
  • Get rid of all the Regulations which are slowing down US Economic Growth
  • Eliminate the Budget Deficits which are draining the private, productive sector of the US Economy of the capital needed to allow Economic Growth

Action Item: Reduce Regulation & Bureaucracy

  • Require an independent cost benefit analysis before any new Regulation may go into effect and before a new Bureaucracy may be created or expanded

  • Require that all existing Regulations and Bureaucracies be re-examined with an independent cost benefit analysis within 5 years. Any Regulation or Bureaucracy not reviewed within the 5 year deadline will become null and void.

  • Require that all existing Regulations and Bureaucracies failing a cost benefit analysis will become null and void

  • Pass a Constitutional Amendment prohibiting the federal government from providing part or all the funds for any program at the state or local level, thus removing a cause of much state and local level Regulations and Bureaucracies

Action Item: End the FED, and end printing press paper money.

  • Abolish the FED, and transfer responsibilities to the Treasury
  • Allow interest rates to rise gradually to whatever rates are set by the Free Market, as the price of money which can fluctuate as the Market requires
  • The US government shall purchase Gold and Silver metal at least until a full Silver and Gold Coin Standard, at current prices, can be re-introduced.
  • A Constitutional Amendment requiring a return of a Silver and Gold Coin Standard as the money of the United Stated, and outlawing any form of legal tender fiat paper money.

Action Item: Pay off the National Debt and build a National Surplus

  • Abolish the FED, returning its holdings of US Treasuries and other assets to the US Treasury
  • Pass a Dollar Limit on Federal Spending Amendment
  • Run an annual Budget Surplus of $750 Billion, so that the National debt could be paid off within 20 years
  • Continue running $750 Billion surpluses, going into a National Surplus (blind) Fund, with half of the earnings going to fund federal spending.

Action Item: End the Minimum Wage! End any other Unconstitutional restrictions which interfere with people of any age, of any race or minority, from finding jobs.

Action Item: Pass a Constitutional Amendment making all federal, state and local seizures of otherwise legal property illegal. Government employees (and their chains of command) engaging in such seizures shall be criminally prosecuted (including possibility of jail time), lose their jobs, and be subject to civil suit including punitive damages.

Action Item: Pass a Constitutional Amendment prohibiting the federal government from providing part or all the funds for any program at the state or local level.

Action Item: Roll back past stupid government policies.

  • Amend the Constitution to require a Balanced Budget
  • Amend the Constitution to set a Dollar limit on federal spending
  • Phase out the various Entitlement programs to deal with the Unfunded Liabilities / Actuarial Deficit
  • Abolish the FED and allow interest rates to rise on a definite, gradual basis up to whatever the Free Market rate should be

Action Item: Medicare for non-retirees will be phased out.

  • The Medicare enrollment age will be raised according to the following schedule:

Medicare Phaseout Schedule

  • Americans under 65 may choose to forego any future Medicare benefits and instead deposit their 1.45% Medicare payroll deduction directly into a tax-free Medical Savings Account. This money is theirs to use for medical expenses (including insurance) after they turn 65. This money is theirs to invest and becomes part of their estate when they die.
  • Americans under 65, whether they opt out of Medicare or not, may deposit up to 20% of their earnings, after tax, into the same tax-free Medical Savings Account. Half of this money may be used at any age, and half may be used only after age 65.

Action Item:

  • Each state party participating in primary elections would
    • Determine the rules for which voters qualify to vote in their party’s primary (eg party enrollment 30 days ahead)
    • Pay their pro rata share of the cost of the election. This could be based on how many parties participate (2 parties each pay half the costs, 3 parties each pay a third) or based on the vote total for each party.
  • Each state would be required, for every federal office, to include a choice of N.O.T.A. (None of the Above is Acceptable) so that voters may disqualify all candidates on the ballot, .
  • Each state may decide the rule for allowing a party to participate in a state-run primary election, but each party may choose for itself whether to participate.

Action Item: Return the food industry to its three natural constituencies.

  • Remove all taxation and subsidies on the production, processing, distribution, transportation, and marketing of food
  • Replace all the regulations on the production, processing, distribution, transportation, and marketing of food, with required standards which may be used in a court of law
  • Freeze new enrollment into the Food Stamp programs, and continue all currently enrolled for 1 year
  • Food Stamp recipients would receive a benefit which is reduced by 2% each week, during the 1 year continuation period

Action Item: FBI Chief, James Comey should be fired immediately, in a very public way, so that all government employees know that the US Constitution will remain the Highest Law of the Land, and that all government employees MUST obey it.

Action Item: The CPI and other government measures of Inflation should be audited by an independent body, which should fix the calculation methodology. Once it’s fixed, it should never be allowed to be changed. Previous adjustments should be investigated, and if it’s determined that they were politically motivated, guilty parties should go to jail.

Action Item: Each House of Congress should set up a Constitution Committee to review all Bills before they may be voted on.

  • The Constitution Committee should be the last stop before the vote on every Bill in each House
  • Any last minute amendments would require Constitution Committee review for those amendments
  • Constitution Committee hearings for every bill or amendment would allow open submission of Constitutional arguments against, and every argument must be addressed, including a cite for each provision showing where in the Constitution that provision is authorized.
  • Every Bill to appropriate money for existing law should require Constitutional Review of the underlying law before the appropriation may be passed
  • Existing laws not requiring appropriations should be scheduled for Constitutional Review on a specific schedule so that all existing laws are reviewed within 5 years
  • The Speaker of the House and the President of the Senate should have the authority to return any Bill to the Constitution Committee for additional review before a final vote in that House
  • Precedent from the Judicial Branch may not be used as justification for or against. Only the words in the Constitution matter.

Action Item: Pass a Constitutional Amendment which sets a Dollar Limit on Federal Spending, perhaps $5 Trillion. This amount would NOT be adjusted for Inflation. (A Revaluation or Devaluation would cause the amount to be adjusted.) Until the National Debt (including Agency debt and Unfunded Liabilities) is paid off, a minimum amount, perhaps $1 Trillion, would be earmarked for this purpose.

Action Item:

  • Cut taxes – this requires cutting spending, because there is no such thing as a tax cut without spending less
  • Stop debasement of the currency – Milton Friedman said that “Inflation is always and everywhere a monetary phenomenon.” So, we need to abolish the FED and return to a Hard Money system, such as a Gold and/or Silver Standard.

Action Item: We need to enact a law empowering an independent statistics watchdog with authority to invalidate any law which depends on faulty data for its justification. Each agency must be required to make unadjusted raw data available for all to see. Taxpayers pay for it, it belongs to taxpayers, let them see it.

Action Item: Return the CPI Standard to its 1980 methodology, recalculating and restoring the intervening years’ numbers. Place the CPI, and all other government created statistical standards, under the Constitutional protection of Article 1, Section 8, with a required ¾ majority in both houses to change one of these standards.

Action Item:

  • Keep the Minimum Wage from being hiked, and work to get rid of the current Minimum Wage Law.
  • Explain during every campaign, especially in the poor neighborhoods, that the democrats have thrown the poor under the bus. The poor have brains – treat them like it.

Action Item: The FED will be instructed to allow interest rates to rise according to the following schedule (1 basis point = 0.01%):

  • Below 0.50% – allowed to rise 1 basis point, 1 day each week
  • Below 1.00% – allowed to rise 1 basis point, 2 days each week
  • Below 2.00% – allowed to rise 1 basis point, 3 days each week
  • 2.00% & up    – allowed to rise 1 basis point, 4 days each week

Action Item: Defeat the proposed plan for Universal Pre-School. Work to prevent any piecemeal or backdoor attempt to install this program. Repeal any existing programs, such as Head Start, which appear to be of little or no lasting value. Reducing the Budget Deficit is more important than Make-Work programs for teachers, especially when the benefit has not been proven.

Action Item: Get the Greens’ anti-energy, anti-people dogma out of US government policy. Repeal the EPA and the rules and laws which destroy economic prosperity through the mindless war on all energy sources except windmills and solar arrays.

Action Item: Pass a Balanced Budget Amendment to the US Constitution, which would include not only the Official Budget but also Agency Debt Growth. Over 10 years, phase in 1/10th of the Actuarial Deficit growth (each year) from the Entitlement and other off budget items. Failure to comply would subject the President and Department Secretaries, members of Both Houses, and all Justices of the Supreme Court to loss of salaries until compliance is restored. Continued noncompliance for more than 3 years would require removal from office and new elections.

Action Item: Both the House and Senate should adopt a rule change requiring each member to have a working knowledge of every provision in a Bill before that member may cast a Yes vote. Without that working knowledge, the member either may abstain or vote No. If it is determined that a member voted Yes without the requisite familiarity with the Bill, that member should receive a penalty up to and including expulsion from that body.

Action Item: Both houses of the US Congress should enact rule changes which mandate that, “No Bill may come up for a vote, or be passed into law by this body, if it exceeds 50 pages in length. Suspension of this rule shall require a 2/3 super-majority, and repeal of this rule shall require a 3/4 super-majority.”

Action Item: Repeal ObamaCare (the Affordable Care Act). Don’t fix it. Don’t replace it. It’s a socialist job killer. Repeal it!

Action Item: Both houses of the US Congress should pass, and the President should sign legislation which:

  • Eliminates all subsidies for wind and solar. Where subsidies exist for other energy sources (a tax reduction is NOT a subsidy), those subsidies also should be removed.
  • Removes regulatory impediments on all forms of energy.
  • Reduces taxes on exploration, production, processing, generation, and distribution on all forms of energy.
  • Opens up public lands for exploration and production. Allow pipelines to be built with private funds. Allow energy companies to pay Uncle Sam for the privilege of giving us the cheap, reliable energy that will improve the standard of living for all Americans.

Action Item: Congress should enact, and the President should sign, legislation to turn over the consumer assurance regulatory process to the Free Market. Allow competing, private product testers to provide consumers with safe, effective products, at zero cost to the Taxpayer. Stop letting drug companies outlaw small, new competitors, including pharmacies in Canada.

Advertisements

One thought on “Action Items

  1. Right here is the perfect site for anybody wwho
    would like to find out about this topic. You know so much its almost tough to argue with you (not thhat I really would want to…HaHa).
    You certainly put a new spin on a tooic that
    has been discuussed for years. Excellent stuff, just excellent!

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s